Index Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
US GASOLINE FUND LP IND VALUE (PACF:UGA.IV)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for UGA.IV
The long term trend has been UP since May 9th, 2018 at 34.3080
The intermediate term trend has been DOWN since Jul 16th, 2018 at 32.3583
The short term trend has been DOWN since Jul 11th, 2018 at 33.7273
Smart Scan Analysis for UGA.IV
Based on a pre-defined weighted trend formula for chart analysis, UGA.IV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2924.48||52wk High Date||2017-10-16|
|52wk Low||24.6993||52wk Low Date||2017-07-24|